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420 5Th St

Richmond, CA 94801
  • $999,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: EB41018459
$999,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,468
    SQFT
  • $405
    $/SQFT
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Description

Take advantage of this Rare Opportunity to get market rents on three units in a well maintained gated property with low expenses! Potential $7,800 per month ($93,600 annual) income, yielding nearly a 7 capitalization rate! Two 3 bed, 1 bath units in the duplex and a detached 1 bed, 1 bath (updated) unit with a large basement area. All units are clean and ready to rent! Just fill them with tenants and start collecting! Each unit has its own laundry unit. There is a sizable yard and parking for 6 cars on site. It's in an improving area, with a park, Kaiser and many amenities nearby, not to mention, it is only about a 7 min drive to the ferry that takes you to San Francisco. Additionally, it qualifies for the First Republic Eagle Program which has a reduced interest rate for owner occupants. Be sure to grab this deal soon!

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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-21T23:49:21.947. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
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420 5Th St Richmond, CA 94801

  • Price: $999,000
  • Status: Active
  • On Site: 46 Days
  • ID#: EB41018459
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,468
SQFT
$405
$/SQFT
1910
Built
Neighborhood:
Richmond - North & West/Parchester
County:
Contra Costa
Area:
Richmond - North & West/Parchester
Property Description
Take advantage of this Rare Opportunity to get market rents on three units in a well maintained gated property with low expenses! Potential $7,800 per month ($93,600 annual) income, yielding nearly a 7 capitalization rate! Two 3 bed, 1 bath units in the duplex and a detached 1 bed, 1 bath (updated) unit with a large basement area. All units are clean and ready to rent! Just fill them with tenants and start collecting! Each unit has its own laundry unit. There is a sizable yard and parking for 6 cars on site. It's in an improving area, with a park, Kaiser and many amenities nearby, not to mention, it is only about a 7 min drive to the ferry that takes you to San Francisco. Additionally, it qualifies for the First Republic Eagle Program which has a reduced interest rate for owner occupants. Be sure to grab this deal soon!
Exterior Features

Building Type Triplex Exterior Stucco Garage Parking Off-Street ParkingSpaces Per Unit - 1 Lot Description Regular Parking Spaces 4 Roof CompositionOther

Interior Features

Additional Rooms Basement - PartialBasement - Storage Area Baths Unit1 1.00 Baths Unit2 1.00 Baths Unit3 1.00 Beds Unit1 3 Beds Unit2 3 Beds Unit3 1 Cooling Ceiling Fan Flooring LaminateTileVinyl Heating Wall Furnace Laundry Hookup - Washer/Dryer Sq Ft Unit1 975 Sq Ft Unit2 975 Sq Ft Unit3 500 Structure Sq Ft 2468

Property Features

Additional Listing Info Not Applicable Amenities Storage Area(S) City Name Richmond Cross Street Nevin Lot Size Area Maximum 5650.00 Meters Separate ElectricSeparate Gas Property Sub Type Triplex Sewer Septic Sewer - Public Sq Ft Source Other Water Public

© 2023 MLSListings Inc. All rights reserved. Listing provided courtesy of Mark Dubois of Kw Advisors: (510) 915-1193.


© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-21T23:49:21.947. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
Website powered by BoomTown.
 
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COMPASS
750 University Ave Suite 150
Los Gatos CA, 95032